The most likely outcomes for a particular project are estimated as follows:

Unit price:	$ 50
Variable cost:	$ 30
Fixed cost:	$ 500,000
Expected sales:	49,000	units per year

However, you recognize that some of these estimates are subject to error. Suppose each variable turns out to be either 10% higher or 10% lower than the initial estimate. The project will last for 10 years and requires an initial investment of $2.2 million, which will be depreciated straight-line over the project life to a final value of zero. The firms tax rate is 21%, and the required rate of return is 12%.

What is project's NPV in the best-case scenario, that is, assuming all variables take on the best possible value?

What is project's NPV in the worst-case scenario?

Note: For all the requirements, a negative amount should be indicated by a minus sign. Enter your answers in dollars, not in millions. Do not round intermediate calculations. Round your answers to the nearest dollar amount.

A. NPV = 2,788,769

B. NPV= -2317,520 This answer is incorrect. Please solve this.